iTel Mobile is growing fast in terms of reputation and market shares in regions it operates. After sealing the top mobile brand in Africa spot, the budget phone manufacturer continues with its exploits in Bangladesh, where it clinches the fastest growing smartphone brand.
According to the report, iTel Mobile rose from 1% market share in 2017 to 10% in 2018. That is a huge +564% growth, year on year. And that growth simply meant that it limp frogged both Samsung Mobile and Huawei in the country to become the number 3 smartphone brand.
The Most Popular iTel Smartphone in Bangladesh
iTel S11 became the the most popular iTel smartphone in Bangladesh from Q1 2017 to Q1 2018. The phone was unveiled in 2016.
What Brands Tops iTel Mobile in Bangladesh?
The ruling brand in the country is Symphony, with 21% shipment market share while Walton with 15% market share follows it. Symphony in fact lost some market share whereas Walton grew its shipments by 74%.
If iTel Mobile continues with its current pace, it could drop both Symphony and Walton to second and third to clinch the number one spot in the nearest future.
Smartphones take up 21% of Bangladesh’s mobile shipments.
Global smartphone brands, Samsung Mobile and Huawei both recorded a decline from first quarter 2017 to first quarter 2018. iTel Mobile has proven to be a thorn in Samsung Mobile’s flesh. In Africa, iTel beat Samsung too to gain the current top spot in mobile. However, Samsung remains the top smartphone brand in Africa.
Recall that iTel Mobile is a sister company to TECNO Mobile and Infinix Mobility. The brand specialises in making the low-cost segment of the mobile market.